Kitron ASA Financials
| KIT Stock | NOK 31.50 0.38 1.19% |
Kitron |
Understanding current and past Kitron ASA Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Kitron ASA's financial statements are interrelated, with each one affecting the others. For example, an increase in Kitron ASA's assets may result in an increase in income on the income statement.
Kitron ASA Stock Summary
Kitron ASA competes with Europris ASA, Kongsberg Gruppen, Nordic Semiconductor, Storebrand ASA, and Lery Seafood. Kitron ASA, an electronic manufacturing services company, together with its subsidiaries, develops, industrializes, and manufactures electronics for the energytelecoms, defenseaerospace, offshoremarine, medical device, and industry sectors. The company provides its products and services in Norway, Sweden, Lithuania, Germany, China, and the United States. KITRON ASA operates under Electronic Components classification in Norway and is traded on Oslo Stock Exchange. It employs 1682 people.| Foreign Associate | USA |
| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0003079709 |
| Business Address | Olav Brunborgs vei |
| Sector | Technology |
| Industry | Electronic Components |
| Benchmark | Dow Jones Industrial |
| Website | www.kitron.com |
| Phone | 47 66 10 00 00 |
| Currency | NOK - Kroner |
You should never invest in Kitron ASA without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Kitron Stock, because this is throwing your money away. Analyzing the key information contained in Kitron ASA's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Kitron ASA Key Financial Ratios
There are many critical financial ratios that Kitron ASA's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Kitron ASA reports annually and quarterly.| Return On Equity | 0.19 | |||
| Return On Asset | 0.0496 | |||
| Target Price | 27.5 | |||
| Beta | 0.89 | |||
| Z Score | 16.6 |
Kitron Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Kitron ASA's current stock value. Our valuation model uses many indicators to compare Kitron ASA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Kitron ASA competition to find correlations between indicators driving Kitron ASA's intrinsic value. More Info.Kitron ASA is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers reporting about 0.26 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Kitron ASA is roughly 3.89 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Kitron ASA's earnings, one of the primary drivers of an investment's value.Kitron ASA Systematic Risk
Kitron ASA's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Kitron ASA volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Kitron ASA correlated with the market. If Beta is less than 0 Kitron ASA generally moves in the opposite direction as compared to the market. If Kitron ASA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Kitron ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Kitron ASA is generally in the same direction as the market. If Beta > 1 Kitron ASA moves generally in the same direction as, but more than the movement of the benchmark.
Kitron ASA November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Kitron ASA help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Kitron ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Kitron ASA based on widely used predictive technical indicators. In general, we focus on analyzing Kitron Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Kitron ASA's daily price indicators and compare them against related drivers.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 8.18 | |||
| Value At Risk | (3.11) | |||
| Potential Upside | 2.29 |
Other Information on Investing in Kitron Stock
Kitron ASA financial ratios help investors to determine whether Kitron Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Kitron with respect to the benefits of owning Kitron ASA security.